Quarterly report pursuant to Section 13 or 15(d)

Earnings Per Share

v2.4.0.8
Earnings Per Share
9 Months Ended
Jun. 30, 2013
Earnings Per Share  
Earnings Per Share

4. Earnings Per Share

 

All common stock share and per share amounts have been adjusted for the two-for-one stock split in June 2013.

 

The following table sets forth the components of basic and diluted earnings (loss) per share (in thousands):

 

 

 

Three Months
Ended June 30,

 

Nine Months
Ended June 30,

 

 

 

2013

 

2012

 

2013

 

2012

 

Numerator:

 

 

 

 

 

 

 

 

 

Income from continuing operations

 

$

28,036

 

$

20,476

 

$

81,533

 

$

52,345

 

Income (loss) from discontinued operations

 

64

 

9

 

(428

)

117

 

Net income

 

$

28,100

 

$

20,485

 

$

81,105

 

$

52,462

 

 

 

 

 

 

 

 

 

 

 

Denominator:

 

 

 

 

 

 

 

 

 

Basic weighted average shares outstanding

 

68,162

 

67,946

 

68,168

 

67,615

 

 

 

 

 

 

 

 

 

 

 

Effect of dilutive securities:

 

 

 

 

 

 

 

 

 

Employee stock options and unvested restricted stock units

 

1,705

 

1,790

 

1,696

 

1,825

 

Denominator for diluted earnings (loss) per share

 

69,867

 

69,736

 

69,864

 

69,440

 

 

No shares were excluded from the computation in calculating the earnings per share for the three or nine months ended June 30, 2013 or 2012.